Definition of Temporary Storage Property


Temporary Storage Property means real property used by the Company pursuant to an oral license or oral lease, for which the maximum monthly fee paid by the Company for use of such real property does not exceed $500.00 per month per crane, and for which the Company can terminate the lease at anytime without liability other than (i) rent due for the month immediately prior to such termination date or the month immediately following such termination date, or (ii) liability under law for any damage done by the Company to such property.
Sample 1